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25-27 Marney, Cambridge, MA 02141

$4,300,000
21
BD
6
BA
6,588
SqFt

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List Price
$4,300,000
Status
UNDER AGREEMENT
MLS#
73508000
Bedrooms
21
Bathrooms
6
Full Baths
6
Living Area
6,588
Lot Size (Acres)
0.09
Year Built
1900

Property Description

25-27 Marney Street, a 6.43% CAP RATE on current income, is a three-story multi-family building, contains a total of six units, and is comprised of (3) 4-Bed/1-Bath units and (3) 3-Bed/1-Bath units. The Property has undergone extensive renovations since acquisition, offering a turnkey investment with condo-quality upgrades throughout. Units feature newer kitchens with white quartz countertops, modern cabinets, and stainless-steel appliances, including gas stoves and dishwashers, hardwood floors throughout, newer bathrooms, in-unit washers and dryers (in select units), forced hot-air as well as central air conditioning. Each of the units are separately metered for gas heat, hot water and electric. There is 1 tandem off-street parking space, and an on-site laundry facility for those who do not have in-unit laundry. 25-27 Marney Street offers the opportunity to acquire a fully leased, turnkey investment Property with upside in an exceptional, urban-infill location.

Additional Information

Taxes
$22,556
Parking Description
Tandem
Lot Description
Other
Water
Public
Sewer
Public Sewer
Basement Features
Concrete
Electric Features
Other (See Remarks)
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kelleher - Pentore Team from Listing Office: Horvath & Tremblay.

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